Loans & Grants

17/06/2015 - The African Development Bank (AfDB) will support Egypt’s National Drainage programme (NDP) to boost agricultural production and household income generation with a €50.20 million loan approved by AfDB Board on Wednesday, May 17 in Abidjan.

10/06/2015 - The Government of the Republic of Seychelles has received a loan worth US $ 20.6 million, in addition to a US $1.668 million grant, from the African Development Bank (AfDB) to finance part of the Mahe Sustainable Water Augmentation Project. The accords were signed on May 27, on the sidelines of the AfDB’s 50th Annual Meetings held in Abidjan, Côte d’Ivoire.

16/02/2015 - The Technical Review Committee of the Africa Trade Fund (AfTra) at its meeting on February 13, 2015 in Abidjan, approved funding worth more than US $1.4 million for four projects that will support trade development in Africa. AfTra, a trade-related technical assistance facility hosted by the African Development Bank, was established in 2013 to provide funding for trade facilitation, building capacity for trade institutions, and developing products and markets in Africa.

15/12/2014 - The African Water Facility announced on December 15 that is has offered a €3.4 million grant to the Government of Mozambique to conduct a feasibility study for the development of a climate adaptation project in the lower Limpopo region.

10/12/2014 - The Board of Directors of the African Development Bank Group, during its ordinary sitting on Tuesday December 10, 2014 in Abidjan, approved the second phase of Uganda’s Markets and Agricultural Trade Improvement Program (MATIP 2), aimed to reconstruct an additional 11 of the remaining 14 markets in four regions in the country.

26/11/2014 - The Board of Directors of the African Development Bank Group (AfDB) has approved a US $133-million program that will help countries in the Horn of Africa region break free from cycles of drought and famine.

06/11/2014 - The African Development Bank (AfDB) approved on November 5, 2014 in Abidjan a US $148 million multi-sector senior Line of Credit (LoC) to Equity Bank Limited of Kenya (Equity Bank) for on-lending to key economic sectors in the country.